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Special Report: 2025 Readers’ Choice Awards

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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New GASB Members Named

CPA Practice

He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021. She has served on the GASB’s Disclosure Framework Task Force and is a former president of the AAA Government & Nonprofit Section.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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States hit ‘Delete’ on some sales tax measures | TaxConnex

TaxConnex

Studies have begun showing that cutting or eliminating transaction-based thresholds have little effect on tax revenue and that costs of government administration for such thresholds are high. 1, 2024, and before July 1, 2025. For zero-emission vehicles sold on or after July 1, 2025, the sales tax rate will be 6.625 percent.

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Excise Tax versus Sales Tax

TaxConnex

Federal, state, and local governments can all impose excise taxes. Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland. Latest estimates are that at the federal level the U.S.

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Vermont Sales Tax Laws: Pre-Written Software Sellers with Nexus Must Collect and Report Sales Tax

Cherry Bekaert

On June 17, 2024, the Vermont legislature made a significant change by enacting legislation ( Vt. 887, Vermont only imposed sales and use tax on tangible personal property and a few specific services. Prior to the enactment of Vt.

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A history of sales tax

TaxConnex

The American version Financing government has usually motivated creation of taxes in America. All other states (except the five that still don’t have a sales tax) followed in the 1960s, capped by Vermont in 1969. England also taxed salt, as did France – one cause of the latter’s bloody revolution in the late 1700s.